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Ripple CTO Explains Why RLUSD Can Hit Whopping $1,200 At Launch, Warns Investors Not To “FOMO”

  • Ripple CTO David Schwartz explains why RLUSD could initially trade at a high price, possibly $1,200.
  • Schwartz mentions early supply bottlenecks and speculative enthusiasm as factors for the potential spike.
  • He warns investors against seeing RLUSD as an opportunity for significant profits.
  • Schwartz emphasizes that the primary purpose of a stablecoin is to maintain a stable price.

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